MPs urge govt to stimulate LTC market

In its report on social care, the committee said the government must clarify which section of the population would be suitable for LTC insurance products before it begins reforming LTC state support. The HSC recommended the government implements Andrew Dilnot's principles for the reform of long term care (LTC) funding. In July 2011, the Dilnot Commission recommended that the government sets a cap of between £30,000 and £50,000 on the LTC fees any individual must pay and a cap of between £7,000 and £10,000 on any "hotel" costs, such as accommodation, related to LTC. Dilnot also reco...